STR

The U.S. hotel industry reported mostly negative year-over-year results in the three key performance metrics during the week of 13-19 October 2019, according to data from STR.

In comparison with the week of 14-20 October 2018, the industry recorded the following:

• Occupancy: -0.9% to 72.4%
• Average daily rate (ADR): +0.2% to US$135.99
• Revenue per available room (RevPAR): -0.7% to US$98.51

Among the Top 25 Markets, Washington, D.C.-Maryland-Virginia, posted the largest increase in RevPAR (+18.5% to US$168.38), driven by the only double-digit lift in ADR (+16.6% to US$206.45).

Denver, Colorado, experienced the highest rise in occupancy (+7.4% to 83.7%) and the only other double-digit increase in RevPAR (+14.5% to US$125.68).

Minneapolis/St. Paul, Minnesota-Wisconsin, saw the largest decline in RevPAR (-15.4% to US$87.63), because of the steepest drop in occupancy (-10.9% to 69.9%).

Boston, Massachusetts, recorded the largest decrease in ADR (-7.3% to US$232.72) and the second-steepest decline in RevPAR (-14.1% to US$200.49).

Norfolk/Virginia Beach, Virginia, reported the second-largest drop in occupancy (-7.6% to 66.3%).

View U.S. weekly hotel performance review

STR provides clients from multiple market sectors with premium, global data benchmarking, analytics and marketplace insights. Founded in 1985, STR maintains a presence in 10 countries around the world with a corporate North American headquarters in Hendersonville, Tennessee, and an international headquarters in London, England. For more information, please visit str.com.

Logos, product and company names mentioned are the property of their respective owners.

You May Also Like

Fighting workplace burnout in the hospitality industry

Burnout is a health hazard in the workplace and hospitality is more…

U.S. Hotel F&B Performance Increased in 2018

U.S. hotel food-and-beverage revenue per occupied room (F&B RevPOR) increased 2.7% in…

Hospitality workwear

Positive Branding is an established workwear provider with a huge clothing range…

Bennett Hay celebrates a year a success with Guest First Awards 2019

Bennett Hay, the bespoke hospitality company has marked another successful year with…